US stock futures extended their violent sale early on Monday, with oil and dollars dropping, as global markets continued their historical reaction to President Donald Trump’s ambitions and the potential impact that will be achieved by the largest economy in the world.
The S&P 500, which closed one of the largest two -day collapses on Friday, is scheduled to open in the bear market at the beginning of the Trading Day, which was defined as a decrease of 20 % of its highest level ever on February 19.
Meanwhile, the average Dow Jones industrial declined, 2231 points, with withdrawing the average of 30 heading to the so -called technical correction, a 20 % decrease from its highest level ever, while NASDAC closed in the bear market after 982 points fell on Friday.
S&P 500 lost more than $ 5.4 trillion last week, while on a global basis, stocks lost about $ 9.5 billion in value, including sale today in Europe and Asia.
Meanwhile, President Trump remained challenging the chaos of the global market, as he told reporters about his return from a three -day trip to his home in Mar Lago, where he spent the weekend playing in a golf tournament, “I do not want anything to go down, but sometimes you must eat medicine to fix something.”
“We will become a rich nation again, unprecedented rich,” Trump said. . “We have all the advantages. We forget the market for a second, we have all the advantages.”
Investors are not in a mood of forgetting until now, as the markets have been appointed on another sharp step heading to the beginning of the Monday session, but they put their worst losses overnight, with future contracts linked to the S&P 500, indicating a decrease in the opening bell, which reached 112 and DOW, with a decline of 915 points.
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Meanwhile, NASDAQ, which focuses on technology is called more than 400 points with more large negative moves of huge cover names such as NVIDIA ((Nvda)) apple ((Aapl)) Intel ((Intc)) And Tesla ((Timing)) expected.
The merchants have prepared for another day of the huge market fluctuations, as the CBOE VIX index rose 65.2 % in night trading to $ 49.82, which is the highest since August.
At this level, options dealers expect daily fluctuations by 3.12 %, or 158 points, for S&P 500 every day for the next 30 days.
In external markets, the sale was rapid and uncompromising, with the European Stoxx 600 decrease by 4.4 % to its lowest level in more than a year, with a 3.6 % FTSE 100 % decreased in London.
Overnight in Asia, Nikkei 225 decreased by 7.83 % in Tokyo to close it at the lowest levels in 18 months, while the MSCI-Japan regional index fell 8.22 % at the end of the Asian session.
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